WebCongress has the power to make laws, so obviously they can write new ones or change existing ones. The judiciary interprets and applies the laws, so in a sense may be able to … WebOct 23, 2024 · A statement issued by the ministry assured that the rules notified by the union ministry under the Electricity Act 2003 are in the interest of the electricity consumers and investors and will put to rest the concern of stakeholders in the sector regarding timely recovery of costs due to change in law and curtailment of renewable energy, among …
NEW DELHI Petition No. 273/MP/2024 Shri Arun Goyal, …
WebOct 1, 2024 · New Delhi: The Union Power Ministry proposes to bring new rules to allow quick compensation to power plants for additional costs arising due to change in law events or modifications in consents or licenses associated with the projects. The move is aimed at avoiding long drawn regulatory procedures for incontestable cases, adding to … WebNov 2, 2024 · Interestingly, the Ministry of Power has now issued the draft Electricity Rules to provide for the manner in which a change in law situation is to be addressed including the timelines for the same. … internet photography courses
Clarification on Electricity (Timely Recovery of ... - Ministry …
Webof section 176 of the Electricity Act, 2003 (36 of 2003), the Central Government hereby makes the following rules, namely:— 1. Short title, commencement and … WebOct 23, 2024 · The Ministry of Power on Saturday announced new rules to sustain economic viability of the sector, ease financial stress of various stakeholders and ensure … WebOct 25, 2024 · The ministry notified that timely retrieval of the costs with the shift in law assumes significance as the investment in the power sector relies on a great extent upon timely payments. The new rules offer that a must run power plant will not be subjected to curtailment or regulation of generation or power supply because of merit order dispatch ... internet photos